From a technical point of view, Ferrari ( NYSE:RACE ) Stock Trend is bullish, but at the same time it has reached an important resistance area around $300/320, and from here it could trigger a short-term corrective structure. The minor structure 12345 might be completed, but as we can see from the chart, it might be a wave 5 of 3 (major), so once the correction...
It was going so strong, but last week due to the IPO that was announced (ADNOC L& S ) people started to liquidate their positions to grab this IPO most of the positive stocks also suffered along with it. Anyhow its still looking positive to me it will rebound at support zones. Hit like & follow guys ;)
Over all Emaar after distributing dividends is still looking positive, i see this stock is very good for long term holding. Hit like & follow guys ;)
If you find this info inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! Followed my idea pretty darn closely! If this is going to be some kind of wave 3, would like to a swift move to prove it! The chart below has my alt on it. This...
After analyzing the S&P 500, there is an anticipation of a potential downward movement, with a projected range of around 4,130 to 4,118 points, before a possible upward shift. It is important to note that these projections are subject to market conditions and may change. Please conduct thorough research and analysis before making any investment decisions. #S&P500...
Based on the analysis of the current market conditions, there is a potential interest in purchasing the NASDAQ CFD at approximately 13,411 points. The current price stands at 13,792 points. If the price continues to exhibit a range between 13,755 and 13,910 points leading up to Wednesday, there is a possibility of a slight downturn towards the 13,550 region before...
✅SPY broke the key structure level of 416$ While trading in an uptrend Which makes me bullish biased And I think that after the retest of the broken level is complete A rebound and bullish continuation will follow LONG🚀 ✅Like and subscribe to never miss a new idea!✅
With solid fundamentals backing the current move in GLAS, this could just be the early phase of the uptrend. The AVWAP from the current highs is around Rs 21.10 - Buyers need to keep an eye on this level. Closing above this on high volume would likely put the buyers back in control and initiate a strong upside move. Right now, the stock is trading above a rising...
Morgan Stanley NYSE:MS had broken it's trendline support. To proceed towards $72.5 first, once $72.5 support is broken, likely to decline towards $41.5 level base on 1:1 wave. Duration towards mid term. DYODD!
Technical Analysis and Outlook: This week's index has increased substantially in conformity with the S&P 500 Daily Chart Analysis for the Week of May 12. It is expected to reach our primary destination of Outer Index Rally at 4230. However, there's a possibility of a drop to Mean Sup 4161.
Hello Traders , Stock of the week for your trading has been continuously updated so that by using my in depth knowledge you can earn extra in your trading. For more details check below . Yogesh Vats
When I began research for this post I expected to be giving the bull case for Pfizer. It's the type of stock I like - a household name oozing with quality and prestige, a strong moat, beaten up with strongly bearish sentiment with multiple factors pointing towards recovery, with short term technical support and long term positive fundamental outlook. I like to...
MYX:YTL looks like it is flagging for a continuation pattern to the upside. If it manages to break 0.675, I am estimating next resistance to be around 0.69 and then if this level gets broken, 0.72. Similar moves to MYX:YTLPOWR which I posted earlier. These are my views and analysis and is only used for educational purposes. I am not a financial...
This strategy dissects the dual nature of big pharmaceutical firms like Johnson & Johnson, Pfizer, Moderna, and Merck & Co viewed through base Fibonacci Extension Clustering. Despite big pharma's significant contributions to healthcare, these firms have benefited from questionable practices, including price manipulation and exploiting addictions . Price...
The tech sector, specifically the 'Big Tech' companies have seen massive gains since the massive accumulation in 2010-2014. However, these increases seem disconnected from the companies' actual value or tangible contributions to the real-world economy. Their high price-to-earnings ratios suggest overvaluation and potential for a market correction. Invest in...
On the Daily i see Head and Shoulders Pattern with a price of $113. What do you think?
Wix.Com - 30d expiry - We look to Sell a break of 73.78 (stop at 78.78) Broken out of the channel formation to the downside. Short term bias has turned negative. Short term momentum is bearish. A break of the recent low at 73.92 should result in a further move lower. Our outlook is bearish. Our profit targets will be 61.87 and 59.87 Resistance: 80.70 /...
As you can see, our forecast of April 10 was only partly realized. We have not yet seen the final chord and the removal of shorts on the index. Therefore, we expect the final momentum to 4300p., at which point many investors will believe that the worst is over. And only after the majority jump into the market - then we will see the beginning of a new bear...